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NSE
3524.00
Change Change %
-4.90 -0.14%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
3527.00
Change Change %
31.00 0.89%

Updated:16 Nov, 2018, 14:52 PM IST

Incorporated in 1947, Atul Ltd, formerly Atul Products Ltd was founded by Kasturbhai Lalbhai with a dream to make India self reliant in chemicals, generate employment on a large–scale and create wealth for the society. For translating his dream into reality, Kasturbhai Lalbhai brought his confidant, Ballubhai Muzumdar, an economist– and his son, Siddharth Kasturbhai Lalbhai, a chemical engineer, to lead Atul Ltd and establish a large chemical conglomerate.

Atul Ltd is a member of Lalbhai Group, one of the oldest business houses of India, with interests mainly in textiles and chemicals. The Group is strongly committed to serve the society in the fields of education, health as well as culture.

Atul Ltd became the first private sector company of India to be inaugurated by Jawaharlal Nehru, the first Prime Minister of the country. The company thus commenced its business with just a few dyestuffs, the know–how of which was brought from foreign companies.

Over the years, Atul Ltd joined hands with American Cyanamid Corp (1952), Imperial Chemical Industries plc (1955) and Ciba–Geigy Ltd (1960) to form three joint venture companies, namely, Cyanamid India Ltd, Atic Industries Ltd and Cibatul Ltd respectively.

Consequent to worldwide divestment of dyes and polymers business by Zeneca plc (formerly a part of ICI plc) and Ciba Ltd respectively, Atic Industries Ltd and Cibatul Ltd were merged into Atul Ltd in 1995 and 1998 respectively.

Atul Ltd operates through six business divisions, namely, Agrochemicals, Aromatics, Bulk Chemicals & Intermediates, Colors, Pharmaceuticals & Intermediates and Polymers. Each business, in step with the company vision, develops and implements its growth plans.

Atul's registered office is in Ahmedabad whereas its corporate headquarters are located in Atul, Gujarat. The company is listed on the NSE in India and has over 35,000 shareholders. Atul also has offices in the USA, the UK, Germany, China and Vietnam that service its international customers.

In 1967, Atul Limited started manufacture of phenoxy herbicides and in subsequent years added more products to the range, including urea & sulfonylurea herbicides, triazole fungicides and carbamate; neonicotinoid; organophosphorus & pyrethroids insecticides. Phosgene, a vital raw material is manufactured by the division.

The bulk chemicals and Intermediates division was started to manufacture of bulk chemicals in 1960 and intermediates in 1963 to provide backward integration to Atul Ltd.'s dyes business.It currently manufactures a variety of bulk chemicals and semi–speciality intermediates.

The colors division is the largest business division of Atul Ltd, manufacturing a wide range of dyestuffs for the textile, leather, paper, wool and silk industries. The division is the largest supplier of dyestuffs in India and exports nearly 40% of its production to more than 40 countries worldwide.

Atul is the world leader in Dapsone, an anti–bacterial drug. A newly built cGMP manufacturing plant, supported by an approved DMF, assures you a high quality and regular supply.

The manufacture of epoxy systems began in 1968 in a company established as a joint venture between Atul and Ciba, Switzerland. In 1999, on the merger of the JV with the parent company, the Epoxy operations became a part of Atul Limited.

In 2012–13 the company established tissue cultured date palm production facility in Jodhpur for the first time in India.

Product range of the company includes:

Agrochemicals

  • Herbicides
  • Fungicides
  • Insecticides
  • Intermediates

Aromatics

  • Pefumery Grades
  • Inorganics

Bulk Chemicals & Intermediates

  • Semi Speciality Intermediates

Colors

Pharmaceuticals & Intermediates

  • Phosgene Derivative Intermediates
  • Bulk Actives
  • Bulk Chemicals

Polymers

  • LAPOX Epoxy Systems
  • LAPOX Curing Agents
  • Formaldehydes

Floras

  • Geraniol ex–palmarosa (95% – 99% purity)
  • Patchouli Oil
  • Safed Musli (Chlorophytum borivilianum)
  • Henna (Law sonia inermis)
  • Basil (Ocimum spp.)

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